National Beverage Corp. (NASDAQ:FIZZ) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC reduced its holdings in National Beverage Corp. (NASDAQ:FIZZ) by 1.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 366,839 shares of the company’s stock after selling 6,764 shares during the period. Natixis Advisors LLC owned about 0.39% of National Beverage worth $15,653,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of FIZZ. Newbridge Financial Services Group Inc. acquired a new stake in National Beverage in the fourth quarter valued at approximately $40,000. KBC Group NV grew its holdings in National Beverage by 89.3% in the fourth quarter. KBC Group NV now owns 1,357 shares of the company’s stock valued at $58,000 after purchasing an additional 640 shares during the period. GAMMA Investing LLC grew its holdings in National Beverage by 43.6% in the fourth quarter. GAMMA Investing LLC now owns 1,594 shares of the company’s stock valued at $68,000 after purchasing an additional 484 shares during the period. Jones Financial Companies Lllp grew its holdings in National Beverage by 158.3% in the fourth quarter. Jones Financial Companies Lllp now owns 2,387 shares of the company’s stock valued at $102,000 after purchasing an additional 1,463 shares during the period. Finally, Pacer Advisors Inc. grew its holdings in National Beverage by 78.0% in the fourth quarter. Pacer Advisors Inc. now owns 3,171 shares of the company’s stock valued at $135,000 after purchasing an additional 1,390 shares during the period. 23.95% of the stock is owned by institutional investors and hedge funds.

National Beverage Price Performance

Shares of NASDAQ:FIZZ opened at $40.74 on Wednesday. The business’s 50 day moving average price is $41.23 and its 200-day moving average price is $44.47. The firm has a market capitalization of $3.81 billion, a PE ratio of 20.47 and a beta of 0.87. National Beverage Corp. has a 1 year low of $38.25 and a 1 year high of $53.48.

National Beverage (NASDAQ:FIZZ) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.03). The firm had revenue of $267.05 million during the quarter, compared to analyst estimates of $282.22 million. National Beverage had a return on equity of 42.80% and a net margin of 15.63%.

Analysts Set New Price Targets

Separately, UBS Group dropped their price objective on National Beverage from $46.00 to $41.00 and set a “sell” rating on the stock in a report on Thursday, February 27th.

About National Beverage

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company's Power+ brand portfolio offers sparkling water products under the LaCroix, LaCroix Cúrate, and LaCroix NiCola; non-carbonated flavored water under the Clear Fruit; energy drink and shots under the Rip It; juice and juice-based products under Everfresh, Everfresh Premier Varietals, and Mr.